Global Agri Newsletter – Issue #27
Posted by admin on July 1, 2015

Wheat
Egypt, the world’s largest wheat buyer, is making significant changes to its bread subsidy program in an effort to reduce its reliance on imported wheat.
The country’s bread subsidy program typically uses 10 million tons of wheat per year to feed about three-quarters of the country’s 89 million people.

Dairy
China will start importing milk powder from Andhra Pradesh based Ongole Dairy for six months, with Indian media expecting shipments to increase further. A memorandum of understanding has been signed for the trade of 500 tonnes of milk powder every month for the next six months. Present capacity at the company is 20,000 tonnes of milk powder per day, supplying 50,000 litres to regular district customers. The product portfolio includes flavored milk, butter milk, curd and an Indian sweet ‘doodh peda’.

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